All Corporate articles – Page 71
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News briefs
Jarden Corporation is going to issue $450 million in...
Jarden Corporation is going to issue $450 million in debt and buy back its own stock with up to $125 million of the proceeds. The debt will be offered, subject to market and other conditions, as senior subordinated convertible notes due in 2018 in a private offering to qualified ...
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News briefs
On Oct. 24, the British Outdoor Industries Association (OIA) will...
On Oct. 24, the British Outdoor Industries Association (OIA) will launch the biggest campaign that it has ever run in its history. The initiative is called “Britain on Foot” (BoF) and will be supported by the British Mountaineering Council and various politicians. With this political support, OIA aims to encourage ...
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Marmot has relocated its worldwide headquarters to a new campus-style...
Marmot has relocated its worldwide headquarters to a new campus-style facility in Rohnert Park, California, after 22 years of business operations in nearby Santa Rosa. The company was originally founded in Grand Junction, Colorado, and moved to Santa Rosa in 1990, with 20 employees. Today the company has more than ...
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News briefs
Peak Performance, the Swedish sports and lifestyle brand, saw its...
Peak Performance, the Swedish sports and lifestyle brand, saw its sales slip by 1 percent to the equivalent of 971 million Danish kroner ($161.6m-€130.5m) for the financial year until the end of June, and its earnings suffered from rising costs for technical fabrics. IC Companys, the Danish group that owns ...
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News briefs
King Camp, one of the big Chinese camping and outdoor...
King Camp, one of the big Chinese camping and outdoor brands, posted strong growth for 2011 with sales up by 30 percent to 400 million yuan renminbi (€51.2m-$63.2m). In the typically Chinese, way, its general manager, Shu Guoking, calls this strong growth “steady development.” In the course of this year, ...
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After 10 years of growth in the U.S. and Canada,...
After 10 years of growth in the U.S. and Canada, Mammut Sports Group had to move to a new warehouse in Williston, Vermont. The new facility consolidates its existing headquarters and three separate warehouses on 23,000 square feet, bringing together all product categories. The company said that it would dramatically ...
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News briefs
Johnson Outdoors has decided to close down its sales offices...
Johnson Outdoors has decided to close down its sales offices for canoes and kayaks in the U.K. in France at the end of this month, and to transition to a lower-cost business model based on independent distribution in the region. The move will result in the elimination of 11 jobs. ...
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News briefs
After an impressive sales increase of about 40 percent last...
After an impressive sales increase of about 40 percent last year, Adidas Outdoor has again lifted its global sales at a double-digit rate so far this year, driven by expanded ranges as well as growing sales in existing stores. Adidas Outdoor reached a turnover of about €300 million in 2011 ...
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News briefs
La Sportiva has inaugurated an expanded headquarters at Ziano di...
La Sportiva has inaugurated an expanded headquarters at Ziano di Fiemme, where some of the brand's production is also located. The new building is directly connected to the old one and contains the offices and the showrooms. The older building continues to house the manufacturing plant, the warehouse and more ...
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News briefs
The Italian Outdoor Group is launching its own publication called...
The Italian Outdoor Group is launching its own publication called Spirito Outdoor on the first day of the OutDoor show. The magazine will be distributed with the support of Messe Friedrichshafen and intends to present IOG's members and their latest innovations.
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News briefs
Marmot is on track to reach sales for $170 million...
Marmot is on track to reach sales for $170 million next year, or double their level in 2007, when the company was acquired by Jarden, according to declarations by Jim Lillie, chief executive of Jarden, and reported by Sports Executive Weekly. In his presentation at the Oppenheimer Holdings Inc. Consumer ...
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Schöffel, too, has extended its headquarters with an additional 1,000...
Schöffel, too, has extended its headquarters with an additional 1,000 square meters for offices. The new section is called “The White House” and includes the latest energy-saving technologies such as heat pumps and photovoltaic panels.
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News briefs
The French and British outdoor trade organizations have decided to...
The French and British outdoor trade organizations have decided to cooperate in various fields of common interests. The Outdoor Sports Valley of France and the British Outdoor Industries Association have signed a memorandum for a closer partnership. The alliance of OSV and OIA includes aspects such as sharing of services ...
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News briefs
Finansavisen, a Norwegian newspaper, reports that inventories have been piling...
Finansavisen, a Norwegian newspaper, reports that inventories have been piling up at Bergans, due to the outdoor brand's relatively weak growth in its own market last year. As reported in our previous issue, Bergans' turnover jumped by more than 8 percent to nearly 700 million Norwegian kroner (€92.9m-$116.0m) last year, ...
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News briefs
Outdoor Sports Valley, the association that federates outdoor sports companies...
Outdoor Sports Valley, the association that federates outdoor sports companies and organizations operating in France, has selected the three companies that will receive its support and that of local authorities this year. The group's selection committee reviewed seven applicants for this year's three slots. They chose Alps Bivouac, an organizer ...
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News briefs
After five days of clashes between factory workers and the...
After five days of clashes between factory workers and the police, Bangladesh has decided to shut down 300 garment factories in the town of Ashulia. Some half a million workers are employed there, representing 60 percent of the people working in the country's textile industry. Apparel makes up 80 percent ...
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News briefs
The International Cotton Advisory Council predicts that cotton prices will...
The International Cotton Advisory Council predicts that cotton prices will stay low because of high inventories for the next year. The council says that cotton stocks should rise by 43 percent to 13.3 million tons in the year that ends July 31, and should grow by another 9 percent to ...
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News briefs
Filson Holdings, an American producer of outdoor apparel and accessories...
Filson Holdings, an American producer of outdoor apparel and accessories whose origins date back to 1897, has been sold to Bedrock Manufacturing Company by its previous owner, Brentwood Associations. Financial details were not released. Under Brentwood's team of senior management, including Mark Korros as chief executive, the Filson brand was ...
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News briefs
Patagonia's sales have doubled since 2008 to reach $540 million...
Patagonia's sales have doubled since 2008 to reach $540 million for the financial year ended last April, or 30 percent more than in the previous year, according to a report in The Seattle Times, and its profits have tripled in the same period. After 14 openings in the past year, ...
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News briefs
Rectifying some recent press reports, the management of Regatta Group...
Rectifying some recent press reports, the management of Regatta Group indicates that the total number of its warehouse employees in the U.K. should grow from 165 to 220 as part of a reorganization of its logistics that will see each of its three brands – Regatta, Dare2b and Craghoppers – ...
